10 unchanged sentences
The credit agreement allows us to fix the interest rate for all or a portion of the principal balance for a period up to three months.
−Removed: To the extent that the interest rate is fixed, interest rate changes affect the instrument’s fair market value but do not affect results of operations or cash flows.
+Added: To the extent that the interest rate is fixed, interest rate changes affect the instrument’s fair market value but do not affect results of operations or cash flows.
Conversely, for the portion of the credit agreement that has a floating interest rate, interest rate changes will not affect the fair market value but will affect future results of operations and cash flows.
1 unchanged sentence
Derivative Contracts
−Removed: The Company’s financial results and condition depend on the prices received for natural gas production.
+Added: The Company’s financial results and condition depend on the prices received for natural gas production.
Natural gas prices have fluctuated widely and are determined by economic and political factors.
1 unchanged sentence
Epsilon has established a hedging strategy and may manage the risk associated with changes in commodity prices by entering into various derivative financial instrument agreements and physical contracts.
−Removed: Although these commodity price risk management activities could expose Epsilon to losses or gains, entering into these contracts helps to stabilize cash flows and support the Company’s capital spending program.
+Added: Although these commodity price risk management activities could expose Epsilon to losses or gains, entering into these contracts helps to stabilize cash flows and support the Company’s capital spending program.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.